New York
Ventas to Acquire New Senior for $2.3B
Chicago-based Ventas, Inc. and New York City-based New Senior Investment Group Inc. have entered into a definitive merger agreement in… Read more
SL Green Completes $3B Financing of One Vanderbilt
SL Green Realty Corp. said Monday it had closed a $3-billion, 10-year, fixed-rate financing of One Vanderbilt Ave., the recently… Read more
NYC Launches Competition for Climate Center on Governors Island
Mayor Bill de Blasio and The Trust for Governors Island on Monday launched a global competition to create a climate-focused… Read more
CBRE Global Investors Hires Lead for Commercial Operator Division
CBRE Global Investors has hired Sondra Wenger, a 25-year industry veteran, to serve as the firm’s head of Americas Commercial Operator Division.… Read more
Ariel Hosts Sixth Annual Internship Program at UES School
Ariel Property Advisors hosted its sixth annual internship program with The Chapin School, an all-girls independent day school on Manhattan’s… Read more
RockFarmer Completes Bulk Sale of Co-Op Units in Astoria
RockFarmer Properties has completed the bulk sale of 48 rent-stabilized and unsold free market sponsor units at its Astoria Lights co-op property in… Read more
Franklin Street Brokers $56M Sale of St. Petersburg Apartments
Franklin Street has arranged the $56 million sale of Osprey Pointe Apartments, a 517-unit, garden-style multifamily community in St. Petersburg.… Read more
Target Signs on as Retail Anchor at LIC’s One Court Square
Savanna has entered into a lease agreement with Target Corporation for 31,000 square feet of retail space at One Court Square… Read more
111 Wall St. Redevelopment Will Include View Smart Windows
Nightingale Properties and Wafra Capital Partners, the ownership team behind the repositioning of 111 Wall St. in the Financial District,… Read more
Stacom-Shanahan Duo Takes Top Honors at REBNY’s Ingenious Deal of the Year Awards
New York City commercial brokerage leaders honored the recipients of the Real Estate Board of New York (REBNY)’s Sales Brokers Most… Read more
Multifamily Project in Mott Haven Lands $63M Loan
Scale Lending has provided a $63-million loan to YS Developers, led by Simon Kaufman. The loan will finance the construction… Read more
Meridian Arranges $110M Refi on Luxury Brooklyn Rentals
Meridian Capital Group arranged a $110-million loan to refinance Brooklyn Gold, a luxury multifamily property in Downtown Brooklyn. The 10-year… Read more
Remote-Friendly Jobs Create a Drag on Office Demand Recovery
Even as the effects of the pandemic are ebbing and office-using employees are return to the office, overhang from the… Read more
Luxury Reseller Commits to 60K SF at Starrett-Lehigh Building
Fashionphile, the luxury reseller headquartered in California, will lease more than 60,000 square feet at RXR Realty’s Starrett-Lehigh Building in… Read more
Cities Benefit from Increased Tree Canopies
American Forests recently released its first tally of Tree Equity scores, a calculation that evaluates equitable distribution of tree cover… Read more
Stonehenge Adds Two Restaurant Tenants to 10 Downing
Stonehenge NYC announced the opening of two new restaurants in the multifamily operator’s luxury West Village building, 10 Downing. Kyle… Read more
Moinian Group Partners with Carbon Lighthouse on Properties in NYC, L.A.
San Francisco-based technology company Carbon Lighthouse is partnering with The Moinian Group, to lower carbon emission outputs in two of the owner-developer’s key… Read more
Marcus & Millichap Names Matricaria and Parker COOs of West and East Divisions
Richard Matricaria and J.D. Parker have been promoted to COO Western Division and COO Eastern Division, respectively, at Marcus &… Read more
BMC Recapitalizes One of Denver’s Largest Workforce Housing Portfolios
Denver-based BMC Investments recently recapitalized a three-property portfolio of workforce housing apartment communities – Landon Park, Aurora Hills and Vista… Read more